A company that manages more than 350 U.S. properties is developing a new apartment complex for older adults in the community.
Construction on Kirkman Terrace is expected to begin in the fall, said Tammy Stansbury, the vice president of development for Woda Cooper Companies Inc., described on its website as an affordable housing company.
The new development will be located at 215 E. 21st St. at Croft Street, an area of the city that Stansbury said she believes is one of Hopkinsville’s revitalization areas.
She said Kirkman Terrace will include 45 units, and the complex will have a community room, craft room, fitness room and computer lab as well as storage units inside the development for each resident.
Additionally, laundry facilities will be on site, and each unit will have washer and dryer hook-ups. All appliances will be furnished, including dishwashers and microwaves.
Each unit will include one to two bedrooms.
Stansbury noted that the units will be available to residents 55 and older, the decision to target an older clientele made following a market study that revealed a need for senior housing in the community.
“I had a full-blown market study conducted on Hopkinsville itself,” she explained. “The study revealed a need for senior homes.”
Stansbury also noted that she has met with Hopkinsville Mayor Carter Hendricks, and she said city officials have shared their desire to have affordable housing in Hopkinsville.
She said it normally takes about a year for the apartment units to be ready for use, and given that, she anticipates that Kirkman Terrace will be ready for people to move in by the fall of 2019.
Stansbury said Woda Cooper Companies, which has corporate offices in Columbus, Ohio, handles its own development, construction and management.
“Everything we build and contract, we manage it,” Stansbury said. “We own it.”
She noted that, once the company has construction trailers at the site this fall, signs will be posted to let people know whom they need to contact to get their names on a mailing list for the apartments.
Stansbury said Woda Cooper Companies has more than 13,000 units in 16 states, including apartment complexes, single-family homes and garden patio homes; its residents include families, senior citizens and veterans, and Woda Cooper Companies has also utilized structures for adaptive purposes, converting schools into apartments, for example.
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